A superb opportunity to lease a prominent ground floor restaurant in the centre of Cannock which has been trading for over 30 years. Conveniently located close to car parks and the town centre, this 120 cover premises would suit a range of cuisines or possibly a cafe or coffee house. Car park to the rear.

Description:

Saleem Bagh is an established Indian restaurant in Cannock, occupying a prominent position on Queens Sqaure. The current owners have owned the business and premises for 33 years and is now available due to retirement. This 100 to 120 (max) cover ground floor premises has huge potential and whilst it would be ideal for continuation of its current use serving Indian cuisine, we believe it will appeal to other operators including Italian, Chinese, English or fusion. Given the size and location it may suit Cafe or Coffee House use. There is a staff car park to the rear and public car parking is available less than 100m away, which after 6pm is free to use.

Location:

The property is located on Queens Square / A34 Ringway, occupying a prominent roadside position in Cannock Town Centre. Customer car parking is available less than 100 yards away at Beecroft Road car park whilst staff parking is available immediately behind. Sat Nav users are urged to use WS11 1JR and park on the pay and display car park.

Rating:

The VOA website advises the rateable value for 2024/25 is £13,500. The standard non-domestic business rates multiplier is 54.6p. The small business multiplier is 49.9p up to a rateable value of £50,999. Small Business may benefit for upto 100% on premises with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000.

Bjb recommends interested parties make their own enquiries into the business rate payable any further business rate relief which may be available.

Credit Check:

On agreed terms the ingoing tenant will be required to pay a fee of £85 to buttersjohnbee for the application and collation of references and credit data from a third party. The application process will, under normal circumstances take between two and five working days. The applicant will be required to complete a simple online form for submission to our credit reference agency. Application fee will be payable in advance and will not be refundable.

Proof of Identity:

To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction.

Viewing:

Strictly by appointment via bjb commercial, Suite 1, Albion House, No.2 Etruria Office Village, Forge Lane, Festival Park, Stoke-on-Trent, ST1 5RQ
Telephone 01782 212201. Opening hours are 9.00-5.30pm, Monday to Friday.